Review on Indian Angel Network by Regina M_va

Dear readers, I will share with you information about one of the leading business angel networks, or it is also called an informal investor in India. As you already understood, I'm talking about the Indian Angel Network. It was founded in 2006 by Alok Mittal.



The full name of this network is Indian Angel Network Services Pvt Ltd. In theory, this is a group of Indian business angels who are involved in financing startups at an early stage. Indian Angel Network focuses on industries such as angel investment, finance and financial services, and also focuses on the early stage venture and seed. This business angel network has made 134 investments and has 6 outputs. I want to highlight some of the most famous Indian Angel Network outlets, including Quifers, Geolang and Ridlr. Just imagine for a second that this group of Indian business angels had 450 members from 11 countries in 2017.



And 2018 was a landmark year when one of its founders, named Padmaja Ruparel, was included in Fortune magazine's list of the most powerful and influential women in India. I also want to tell you that a year ago, that is, in 2020, the Indian Angel Network decided to cooperate with the Bangladesh Angels Network. The reason for this decision is to collaborate on cross-referencing and sourcing, and to further promote connections in startups with technology in both India and Bangladesh. As a result, they create a favorable environment for venture capital investment in both ecosystems. In my opinion the Indian Angel Network will play an important role in building fast growing companies in India.



The fund also seeks to allocate money as efficiently as possible so that innovators have the opportunity to get through the most difficult early stages of funding. In addition, it provides the opportunity for extensive networks, ongoing access to high-quality mentoring and investment in strategy and execution. Indian Angel Network funds startups such as LawRato, Get My Parking, Styledotme, WedMeGood, SuperProfs, Find My Stay, Go Coop and a lot of other different startups. Summing up, I can name several reasons why you can see good cooperation with the Indian Angel Network, but do not forget one nuance that you must reside in India. So, first of all, they provide the opportunity to use an extensive network. Secondly, they are willing to invest money and time. Third, they have a strong entrepreneurial and operational investor experience. Fourthly, quick and feedback on the investment decision.